Shares of Sonata Software Ltd were trading in the green and 1% higher on 19 March after the company announced signing a joint Go-to-Market agreement with an end-to-end IT solutions and cloud-managed services provider.

In its regulatory filing, the company said that it had signed a joint Go-to-Market agreement with Zones, LLC, which is a global provider of end-to-end IT solutions and cloud-managed services for five years.

As a part of this partnership, the company and Zones will support data optimisation and cost efficiency via joint offerings and delivery of industry-specific solutions. This collaboration will enable its customers to modernise their technology footprint and gain the benefits of moving towards the cloud.

In this partnership, Zones will provide a suite of offering solutions to support customers during their end-to-end digital journey, while the company will bring its extensive application services experience and proven approach towards supporting customers with their application migration and modernisation efforts.

Firoz Lalji, Chairman, Chief Executive Officer, and Founder of Zones, said, “We are thrilled to embark on this strategic partnership with Sonata Software, as it marks a significant step towards delivering upon our mission to provide IT optimisation and cost efficiency to our customers.”

Sonata is a leading modernisation engineering company with the aim of delivering modernisation-driven hypergrowth for its clients based on its deep differentiation.

At 3:22 pm, the shares of Sonata Software were trading 0.44% higher at Rs 748.75 on NSE.